Kauffman Foundation: Small business owners hopeful on economy, but wary of representation by Trump, Congress

A new survey by the Kauffman Foundation following the mid-term elections finds entrepreneurs who have owned their business for fewer than five years are largely positive about the economy, but feel the Trump administration and Congress are doing more for large corporations than small business owners and other businesses like them.

The study, conducted by Global Strategy Group and Public Opinion Strategies on behalf of the Kansas City-based nonprofit, also noted that female, black and Latino entrepreneurs are less likely than the overall population to express positive opinions of the national economy or the current economic climate.

Other highlights from the survey show that a plurality (47%) of entrepreneurs believe the Affordable Care Act has a positive effect, while 17% view the omnibus healthcare legislation as negative.

On immigration, recent policies that make it harder for people to immigrate both legally (45% positive/21% negative) and illegally (41% positive/18% negative), and The Tax Cuts and Jobs Act (52% positive/15% negative) have had positive effects on their business overall.

To view the results of the survey, click here.